The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-07-27
FINANCE and COMMERCE.
HONEY 2 TO 8 PER CENT, NEW
YORK EXCHANGE Is PREM.
Cotton Dull Mlddling Cotton, 10c
Sales Today Unim-
p0rtant.
APPEAL 0YPIcE,

TUESDAY EVENING, July 70, 1881.
Money rates continue unchanged at
9 to s per cent. AT the Stock Call
Board session today many bids and Of
ferings were made, but no sales were
registered.
The Memphis cotton market was
featureless, dull and unchanged. At
New Orleans spots. closed steady and
off Lice on all grades. Futures ad-
vanced to 3 points on the old crop
months and point on the new.
The Liverpool market was fat, some.
what irregular and middling declined
1.16d, the quotation being 8 9.l8d.
Other grades UNCHANGED. The Liven-
pool Cotton Exchange will close at !
o'clock pm. on the Goth instant, and
will remain closed until August I'd.
At Manchester yarns and fabrics are
quiet, with limited inquiry.
At New York spots are quiet and
unchanged, and futures closed steady
and of 4 10 points and up l TO 2
points on the new.
CT. Greene & Co., in thtir report
OF the 26th on cotton futures. Gays:
"The position o! cotton contracts re.
maine somewhat unsettled, and most
Of the trade move a little blindly.
The old crop was little weaker,
while the new crop brought out
triHe steadier tone, and It looked as
though August WIS purposoly dressed
in order to influence the late months
and buy in against some Of yesterdays
sales"
In the grocery market, says the
New York Commercial Bulletin OF the
25tE, the speculative element still con-
fines i,e iavors to coffee, and while a
fair number OF contracts change hands
the number is neither exciting nor At
tracing outsiders 10 invest. II has
been very largely speculative market
for Brazls ell the week. Considerable
business In the way OF invoices, both
on spo. and afl oat, was from tims to
time reported, occasionally some pref.
ty good siz ID blocks, with a probable
lily that a portion OF the movements
represented operations by jobbers in a
natural and legitimate course OF trad
ing against anticipated distributiye
necessities, but II 10 also quite Is prob.
able that great many deals have been
made simply in the adjustment Of for
mer engagements, ana the efforts 10
"get out even" as much ~ anything
else undoubtedly governs and d.
reefs the action CT great many
who have been waiting for a reaction
A general retention OF former small
crop estimates and uniformly strong
advices from Rio and Santos in brief
way will cover the "bulp basis OF
operations, while in opposition Is cited
the adverse influence OF cost upon the
pale OF coffee, as shown by the slow
July trade and growth OF stocks, and,
as noted for a day or two past, with
the assistance OF Europe, the "bears"
have managed TO lop OF some OF the
previous gain.
To show the influence OF California
raisins upon that OF Spanish growth In
this country during the past year, We
present the following statistics Just TO
hand from Malaga: The total exports
OF raieins TO the United States 10 June
80. 1859, was 4S2,0S0 boxes, sgainst
675,377 boxes for corresponding period
1886, a decrease Of 1913, 297 boxes. The
competition this coming season prom
ICES 70 be very sharp; but the Cali
fornis people have put strong enter
ing Wedge into the market, and as the
goods have now an establined reputa-
ton, their sale will be more easily
effected than In former years. When
properly cured, California growth are
certainly a better keeping fruit than
the Spanish, but the Pacific coast
people have yet considerable 10 learn
In tie preparation Of their goods Tor
market.
Columbia river salmon has made a
inrther advance today. There are
buyers who are prepared 10 bid 81 75,
but holders have placed their limits
at 81 50, and are indifferent even at
that price. The information 10 wired
this morning from Astoria that the
fab on the river have ceased running,
and that great excitement prevails
among the packers. A 81 market Is
now confidently predicted by members
OF the trade.
DiPoRTs.
One hundred and eighty.fye pkgs
bacon, -52 pkgs boots and shoes, 5000
bu corn, l59 sks cotton seed. 3 cars
cotton seed, liz pkRs dry goods, 81
pkgs eggs, 1855 bbls -four, 80 bales hay,
Is pkRs bate, 80 head cattle, 81 head
horses and mules, 800 pkgs lard, 81, 900
feet lumber, % pkgs liquor, cars
lime, 80 bbls meal, 81 bbls molasses,
l454 kegs nails, 1885 bu oats, 20 brls
onions. 80 bbls potatoes, car pork
sides, 80 bbls sugar, 322 pkgs tobacco.